IRCTC’S IPO to open on Monday, September 30, 2019 with Price Band of Rs. 315 – Rs. 320 per Equity Share each of Face Value of Rs. 10 each
. Initial Public Offering of up to 20,160,000 Equity Shares. . Price band of Rs. 315 –Rs. 320 per equity share. . Minimum Bid lot is 40 equity shares and in multiples of 40 equity shares thereafter. . Issue opening date – Monday, September 30, 2019 and Issue closing date – Thursday, October 3, 2019. . Retail Discount and Employee Discount: Rs 10 per Equity Share on Offer Price. . The Floor Price is 31.5 times the face value of the Equity Shares and the Cap Price is 32.0 times the face value of the Equity Shares. . Employee reservation of 160,000 equity shares. MUMBAI, September 25, 2019 : Indian Railway Catering and Tourism Corporation (IRCTC), the railways’ online ticketing, tourism and catering arm announces the launch of its Initial Public Offering (IPO), in a bid to raise approximately Rs 645 crore at the upper end of the price band. The IPO, with a price band of Rs 315 to Rs 320 per equity share, will open on September 30, 2...